Pacific Alliance keep advancing on regulatory issues

Lima, August 1st, 2017.- From today until August 3rd, a meeting of the technical subgroup of Regulatory Cooperation -Technical Barriers to Pacific Alliance Trade- is held in Lima, Peru.

Its purpose is to move towards the conclusion of the Annex on Regulatory Harmonization for Pharmaceutical Products, and to identify spaces for cooperation as a bloc on these subjects. The work agenda includes bioequivalence, labeling, cooperation and confidentiality, but other issues of interest will also be discussed.

It should be noted that the subgroup is working on an Annex for Pharmaceutical Products (negotiated under the Technical Barriers to Pacific Alliance Trade chapter), and that once it is in operation, it will maintain all procedures related to register and commercialization of medicines.

This is a fundamental aspect of the deep integration process of the Pacific Alliance, a mechanism committed to trade facilitation, the progressive reduction of non-tariff measures, and the revitalization of regional trade.

These works mean better access to quality, safeness, and effective medicines for all citizens.